BCB Resolution No. 146 — General Criteria for Preparation and Submission of Accounting Documents to the Central Bank of Brazil — BCB — BR

BCB RESOLUTION NO. 146, OF SEPTEMBER 28, 2021

Specifies the general criteria for the preparation and submission of accounting documents to the Central Bank of Brazil by consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil and the specific procedures to be observed ~~by financial institutions and other institutions authorized to operate by the Central Bank of Brazil in the preparation and submission of accounting documents to the Central Bank of Brazil.~~

Specifies the general criteria for the preparation and submission of accounting documents to the Central Bank of Brazil by consortium administrators, payment institutions, securities brokerage firms, securities distribution firms, and foreign exchange brokerage firms authorized to operate by the Central Bank of Brazil and the specific procedures to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil in the preparation and submission of accounting documents to the Central Bank of Brazil.~~(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

Specifies the general criteria for the preparation and submission of accounting documents by institutions required to use the Accounting Standard of Regulated Institutions of the Central Bank of Brazil – Cosif by virtue of BCB Resolution No. 92, of May 6, 2021, and the specific procedures to be observed in the preparation and submission of accounting documents by financial institutions and other institutions authorized to operate by the Central Bank of Brazil. (Wording given by BCB Resolution No. 553, of 3/3/2026.)

The Collegiate Board of the Central Bank of Brazil, in a session held on September 28, 2021, based on arts. 9 of Law No. 4.595, of December 31, 1964, 6 and 7, item III, of Law No. 11.795, of October 8, 2008, 9, item II, and 15 of Law No. 12.865, of October 9, 2013, and 12 of CMN Resolution No. 4.911, of May 27, 2021,

R E S O L V E S:

TITLE I
PRELIMINARY PROVISIONS

SINGLE CHAPTER
ON THE OBJECT AND SCOPE OF APPLICATION

Art. 1. This Resolution provides for:

I - the general criteria for the preparation and submission of accounting documents to the Central Bank of Brazil by consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil; and

~~I - the general criteria for the preparation and submission of accounting documents to the Central Bank of Brazil by the following institutions authorized to operate by the Central Bank of Brazil:(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

I - the general criteria for the preparation and submission of accounting documents to the Central Bank of Brazil by institutions required to use the Accounting Standard of Regulated Institutions of the Central Bank of Brazil – Cosif under the terms of art. 1, caput, item I, of BCB Resolution No. 92, of May 6, 2021; and (Wording given by BCB Resolution No. 553, of 3/3/2026.)

~~a) consortium administrators;~~ ~~(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

a) (Revoked by BCB Resolution No. 553, of 3/3/2026.)

~~b) payment institutions;~~ ~~(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

b) (Revoked by BCB Resolution No. 553, of 3/3/2026.)

~~c) securities brokerage firms;~~ ~~(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

c) (Revoked by BCB Resolution No. 553, of 3/3/2026.)

~~d) securities distribution firms; and~~ ~~(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

d) (Revoked by BCB Resolution No. 553, of 3/3/2026.)

~~e) foreign exchange brokerage firms; and~~ ~~(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

e) (Revoked by BCB Resolution No. 553, of 3/3/2026.)

II - the specific procedures to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil in the preparation and submission of accounting documents to the Central Bank of Brazil.

~~TITLE II~~
~~ON THE GENERAL CRITERIA FOR PREPARATION AND SUBMISSION OF ACCOUNTING DOCUMENTS APPLICABLE TO CONSORTIUM ADMINISTRATORS AND PAYMENT INSTITUTIONS AUTHORIZED TO OPERATE BY THE CENTRAL BANK OF BRAZIL~~

~~TITLE II~~
ON THE GENERAL CRITERIA FOR PREPARATION AND SUBMISSION OF ACCOUNTING DOCUMENTS APPLICABLE TO CONSORTIUM ADMINISTRATORS, PAYMENT INSTITUTIONS, SECURITIES BROKERAGE FIRMS, SECURITIES DISTRIBUTION FIRMS, AND FOREIGN EXCHANGE BROKERAGE FIRMS AUTHORIZED TO OPERATE BY THE CENTRAL BANK OF BRAZIL

~~(Title changed, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

TITLE II
ON THE GENERAL CRITERIA FOR PREPARATION AND SUBMISSION OF ACCOUNTING DOCUMENTS APPLICABLE TO INSTITUTIONS REQUIRED TO USE COSIF BY VIRTUE OF BCB RESOLUTION NO. 92, OF MAY 6, 2021

(Title changed by BCB Resolution No. 553, of 3/3/2026.)

~~CHAPTER I~~
~~ON THE ACCOUNTING DOCUMENTS OF CONSORTIUM ADMINISTRATORS AND PAYMENT INSTITUTIONS AUTHORIZED TO OPERATE BY THE CENTRAL BANK OF BRAZIL~~

CHAPTER I
ON ACCOUNTING DOCUMENTS

(Title changed, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents:

I - Analytical Balance Sheet, with monthly frequency; and

II - Analytical Balance Sheet, with semi-annual frequency, for the base dates of June 30 and December 31.

§ 1. The payment institution authorized to operate by the Central Bank of Brazil that has holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Central Bank of Brazil, monthly, the Analytical Balance Sheet of these entities.

§ 2. The provisions of the caput do not apply to associations and non-profit civil entities authorized to administer consortia.

~~Art. 2-A. Securities brokerage firms, securities distribution firms, and foreign exchange brokerage firms must prepare and submit to the Central Bank of Brazil the following accounting documents:(Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)~~

Art. 2-A. Securities brokerage firms, securities distribution firms, foreign exchange brokerage firms, and virtual asset service providers must prepare and submit to the Central Bank of Brazil the following accounting documents: (Wording given by BCB Resolution No. 553, of 3/3/2026.)

I - individual: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

a) Analytical Balance Sheet, with monthly frequency; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

b) Analytical Balance Sheet, with semi-annual frequency, for the base dates of June 30 and December 31; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

II - consolidated: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

a) Analytical Balance Sheet - Prudential Conglomerate, with monthly frequency; (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

b) Balance Sheet - Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

c) Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31. (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

§ 1. In addition to the documents provided for in the caput: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

I - the institution that has branches in the country must prepare, monthly, the Analytical Balance Sheet by branch; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

II - the institution that has branches abroad or holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Central Bank of Brazil, monthly, the Analytical Balance Sheet of these entities. (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

§ 2. The report referred to in item "c" of item II of the caput must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for the institutions mentioned in the caput. (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated:

I - Statement of Consortium Resources, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31; and

II - Statement of Changes in Group Availability, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31.

§ 1. The consolidated statements referred to in the caput must be prepared based on the statements of each consortium group.

§ 2. Consortium administrators must submit to the Central Bank of Brazil the documents provided for in the caput by consortium group.

Art. 4. Payment institutions authorized to operate by the Central Bank of Brazil that are leaders of the prudential conglomerate that meet the criteria for classification in Segment 1 (S1), Segment 2 (S2), and Segment 3 (S3), as established in the current regulation, in addition to the accounting documents referred to in art. 2, must prepare and submit to the Central Bank of Brazil the following consolidated documents:

Art. 4. Payment institutions authorized to operate by the Central Bank of Brazil that are leaders of the prudential conglomerate, in addition to the accounting documents referred to in art. 2, must prepare and submit to the Central Bank of Brazil the following consolidated documents: (Wording given, from 1/1/2022, by BCB Resolution No. 168, of 12/1/2021.)

I - Analytical Balance Sheet – Prudential Conglomerate, with monthly frequency;

II - Balance Sheet – Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31; and

III - Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.

§ 1. The report referred to in item III must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for payment institutions authorized to operate by the Central Bank of Brazil.

§ 2. The provisions of the caput do not apply to payment institutions authorized to operate by the Central Bank of Brazil under the regime of extrajudicial liquidation.

§ 3. The provisions of item III of the caput do not apply to payment institutions: (Included, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

I - leaders of Type 3 prudential conglomerate classified in Segment 4 (S4) or Segment 5 (S5); and (Included, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

II - leaders of Type 2 prudential conglomerate that have total assets, calculated according to the criteria and procedures embodied in the Accounting Standard of Regulated Institutions of the Central Bank of Brazil (Cosif), less than or equal to 0.1% (one-tenth of one percent) of the Gross Domestic Product (GDP) of Brazil. (Included, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

§ 4. For the purposes of the provisions of § 3, the GDP of Brazil corresponds to the gross domestic product calculated at market prices and current values published by the Brazilian Institute of Geography and Statistics (IBGE), accumulated for a period of four consecutive quarters ending on the base dates of June 30 and December 31, calculated within ninety days after the base date to which they refer, with no subsequent revision allowed. (Included, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

Art. 4-A. Institutions referred to in arts. 2-A and 4 that, according to current regulation, opt to calculate the leverage ratio on a sub-consolidated basis must prepare and submit to the Central Bank of Brazil: (Included, from 1/7/2026, by BCB Resolution No. 483, of 6/11/2025.)

I - Analytical Balance Sheet
– Sub-Prudential Conglomerate, with monthly frequency; and (Included, from 1/7/2026, by BCB Resolution No. 483, of 6/11/2025.)

Balance Sheet – Sub-Prudential Conglomerate, with semi-annual frequency,
for the base dates of June 30 and December 31. (Included, from 1/7/2026, by BCB Resolution No. 483, of 6/11/2025.)

~~Art. 5~~
~~The preparation and submission to the Central Bank of Brazil of the accounting documents referred to in this Chapter are mandatory from the:~~

Art. 5. The preparation and submission to the Central Bank of Brazil of the accounting documents referred to in this Chapter are mandatory from the date on which the consortium administrator or payment institution authorized to operate by the Central Bank of Brazil is in effective operation. ~~(Wording given, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)~~

Art. 5. The preparation and submission to the Central Bank of Brazil of the accounting documents referred to in this Chapter are mandatory from the date on which the institution mentioned in item I of the caput of art. 1 is in effective operation.(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

~~I - the base date following the authorization date, for payment institutions authorized to operate by the Central Bank of Brazil that were already in operation on the authorization date; and~~

I - (Revoked, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

II - the date of publication of the authorization to operate in the Official Gazette of the Union, for consortium administrators and other payment institutions authorized to operate by the Central Bank of Brazil.

II - (Revoked, from 1/7/2023, by BCB Resolution No. 311, of 4/12/2023.)

Sole paragraph. The submission of accounting documents relating to the consortium groups referred to in art. 3 must be carried out from the date of constitution of the first group.

CHAPTER II
ON THE SUBMISSION OF ACCOUNTING DOCUMENTS TO THE CENTRAL BANK OF BRAZIL

Art. 6. The accounting documents submitted to the Central Bank of Brazil by consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must be signed by the director responsible for the institution's accounting and by a legally qualified accountant.

Art. 6. The accounting documents submitted to the Central Bank of Brazil by the institutions mentioned in item I of the caput of art. 1 must be signed by the director responsible for the institution's accounting and by a legally qualified accountant.(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

Art. 7. The board of directors of the consortium administrator or payment institution is responsible for forwarding to the Central Bank of Brazil the accounting documents referred to in this Resolution within the time limits provided for in art. 15.

Art. 7. The board of directors of the institution mentioned in item I of the caput of art. 1 is responsible for forwarding to the Central Bank of Brazil the accounting documents referred to in this Resolution within the time limits provided for in art. 15.(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

Art. 8. The Central Bank of Brazil may, without prejudice to other measures applicable, determine the re-preparation and submission of the accounting documents referred to in this Resolution, with the corrections necessary for the appropriate representation of the institution's asset, income, and control items.

Art. 9. In the event of substitution of the accounting documents referred to in this Resolution, consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must:

Art. 9. In the event of substitution of the accounting documents referred to in this Resolution, the institutions mentioned in item I of the caput of art. 1 must:(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

I - observe the operational procedures provided for in specific regulation; and

II - keep available to the Central Bank of Brazil, for a minimum period of five years, a report signed by the directors responsible for the accounting and audit areas, containing the justifications for the substitution of the documents.

Sole paragraph. The report referred to in item II must contain the knowledge of the independent auditor, if the substituted document was subject to audit.

CHAPTER III
GENERAL PROVISIONS

Art. 10. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil are subject to the penalties provided for in the current regulation due to non-compliance with the deadlines or conditions for the submission of accounting documents, as well as the sending of incorrect information.

Art. 10. The institutions mentioned in item I of the caput of art. 1 are subject to the penalties provided for in the current regulation due to non-compliance with the deadlines or conditions for the submission of accounting documents, as well as the sending of incorrect information.(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)

Art. 11. Consortium administrators must keep available to the Central Bank of Brazil, for at least five years, the consolidated accounting documents provided for in art. 3.

Art. 12. Payment institutions authorized to operate by the Central Bank of Brazil must keep available to the Central Bank of Brazil, for a minimum of five years, the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities consolidated in the prudential conglomerate, regardless of their nature or operational activity.

~~Art. 12-A. Securities brokers, securities distributors, and currency brokers must keep available to the Central Bank of Brazil, for a minimum of five years:(Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)~~

Art. 12-A. Securities brokers, securities distributors, currency brokers, and virtual asset service providers must keep available to the Central Bank of Brazil, for a minimum of five years: (Revised by Resolution BCB No. 553, of 3/3/2026.)

I - the accounting documents provided for in art. 2-A, § 1, item I; and (Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)

II - the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities consolidated in the prudential conglomerate, regardless of their nature or operational activity. (Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)

Art. 13. Payment institutions authorized to operate by the Central Bank of Brazil that were already in operation on the date of authorization must prepare and send to the Central Bank of Brazil, in addition to the documents mentioned in Chapter I of this Title, an opening balance sheet relative to the date-base following the date of authorization to operate granted by this Authority, in accordance with the accounting criteria adopted by the institution up to that date.

Sole paragraph. In the preparation of the documents referred to in the caput, the effects of adjustments resulting from the initial application of the procedures and rules defined in the regulation issued by the Central Bank of Brazil must be recorded as a counterpart to the account of accumulated profits or losses, in shareholders' equity, at the net value of the tax effects.

TITLE III
PROCEDURES TO BE OBSERVED BY FINANCIAL INSTITUTIONS AND OTHER INSTITUTIONS AUTHORIZED TO OPERATE BY THE CENTRAL BANK OF BRAZIL

CHAPTER I
PREPARATION AND SUBMISSION OF ACCOUNTING DOCUMENTS

Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out:

I - the reconciliation of relevant equity accounts, upon the preparation of balance sheets and balance sheets; and

II - the inventory of equity and clearing accounts, upon the preparation of balance sheets.

Sole paragraph. The institutions mentioned in the caput must keep available to the Central Bank of Brazil, for a minimum period of five years, the documentation related to the reconciliations and inventory referred to in the caput.

Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing:

I - the models, form, and conditions established by the Central Bank of Brazil; and

II - the following deadlines:

a) until the 18th day of the month following the respective date-base, in the case of Analytical Balance Sheets referred to in item I of art. 2 of this Resolution and item “a” of item I of art. 2 of CMN Resolution No. 4.911, of May 27, 2021;

b) until sixty days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of June 30;

c) until ninety days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of December 31; and

d) until the last business day of the month following the respective date-base, for the remaining documents.

CHAPTER II
PRUDENTIAL CONGLOMERATE REPORT

Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain:

I - the following statements:

a) Statement of Financial Position;

b) Statement of Comprehensive Income; and

c) Statement of Changes in Equity; and

II - the following information on:

a) acquisitions, sales, and corporate restructurings occurring during the fiscal year, including those carried out between institutions belonging to the prudential conglomerate, with their respective impacts on equity and results;

b) breakdown of results into recurring and non-recurring items;

~~c) composition of portfolios of:~~

~~1. securities and their respective results, segregated by location, by classification, and by type of instrument;~~

~~2. financial derivative instruments and their respective results, segregated by instrument, by position, and by index;~~

3. credit, with specification of the provision for losses and their respective results, segregated by location, by relevant counterparties (individual and legal entity), by the most relevant modalities and classifications;

~~4. investments in subsidiaries, affiliates, and jointly controlled entities, with detailed breakdown of equity method results, dividends received, and goodwill for expected future profitability; and~~

5. client and financial institution fundraising, carried out through issuances and through loans and transfers, and the results related to these fundings, including those of debt instruments eligible for capital;

c) (Revoked by Resolution BCB No. 579, of 6/25/2026.)

~~d) hedge accounting, with specifications on the type of hedge, the protected risk, the protected items, and the instruments used;~~

d) (Revoked by Resolution BCB No. 579, of 6/25/2026.)

e) composition of provisions and contingencies, according to the probability of losses and the nature of the demands, including deposits in constituted guarantees;

~~f) evolution of the balance of open guarantees provided, revenues, and associated provisions, segregated by the nature of the guarantees;~~

f) (Revoked by Resolution BCB No. 579, of 6/25/2026.)

g) employee benefit plans, including information on actuarial assumptions, actuarial valuation, demonstration of surplus or deficit, and accounting recognition in results and comprehensive income;

h) demonstration of the calculation base and taxation of the period, with the composition and evolution of balances of deferred tax assets, deferred tax liabilities, and other tax credits, including the expectation of realization of assets;

~~i) managerial information on financial intermediation, service provision, and operational costs;~~

i) (Revoked by Resolution BCB No. 579, of 6/25/2026.)

j) changes in accounting policies, changes in estimates, and correction of errors, in accordance with current regulation;

k) transactions and balances with related parties that may significantly affect the financial position and results, including any transactions carried out under conditions not typical of the market;

~~l) subsequent events, their nature, and the estimate of their effect on the financial position and on the results of the prudential conglomerate; and~~

l) (Revoked by Resolution BCB No. 579, of 6/25/2026.)

m) other relevant events occurring during the period that affected or may affect the equity position and results of the prudential conglomerate.

§ 1º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are leaders of prudential conglomerates classified in Segment 4 (S4) and Segment 5 (S5), as established in current regulation, are exempt from preparing and submitting the report referred to in the caput.

§ 2º The provisions of § 1 do not apply to payment institutions authorized to operate by the Central Bank of Brazil that are leaders of prudential conglomerates that meet the criteria for classification in Segment 1 (S1), Segment 2 (S2), and Segment 3 (S3), as established in current regulation.

§ 2º (Revoked, effective 1/1/2022, by Resolution BCB No. 168, of 12/1/2021.)

~~§ 3º Preparation and submission of the information referred to in items “c” to “l” of item II of the caput are exempted for reports prepared up to the date-base of June 2023.~~

~~§ 3º Preparation and submission of the information referred to in items “c” to “l” of item II of the caput are exempted for reports prepared up to the date-base of June 2026.(Revised, effective 1/5/2023, by Resolution BCB No. 311, of 4/12/2023.)~~

§ 3º Preparation and submission of the information referred to in items “e”, “g”, “h”, “j”, and “k” of item II of the caput are exempted for reports prepared up to the date-base of June 2027. (Revised by Resolution BCB No. 579, of 6/25/2026.)

§ 4º The information referred to in the caput must be sent according to the format and other conditions established by the Central Bank of Brazil.

§ 5º The report referred to in the caput must be prepared on a consolidated basis for institutions belonging to the same prudential conglomerate, as established in current regulation.

TITLE IV
FINAL PROVISIONS

SINGLE CHAPTER
GENERAL PROVISIONS

Art. 17. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil are permitted to send the accounting documents provided for in this Resolution and in CMN Resolution No. 4.911, of 2021, without the signature of the director responsible for the institution's accounting and by a legally qualified accountant, provided that the documents signed according to current regulation remain at the institution available to the Central Bank of Brazil for a minimum of five years.

Art. 18. Credit cooperatives are exempt from preparing and submitting the consolidated accounting documents referred to in CMN Resolution No. 4.911, of 2021.

Art. 19. Preparation and submission with quarterly periodicity for the date-bases of March, June, September, and December are permitted for the documents referred to:

I - § 1 of art. 2 of this Resolution and § 1 of art. 2 of CMN Resolution No. 4.911, of 2021, until December 2022; and

II - the caput of art. 2 of this Resolution and the caput of art. 2 of CMN Resolution No. 4.911, of 2021, for leasing companies, development agencies, credit, financing, and investment companies, savings and loan associations, mortgage companies, and real estate credit companies, credit cooperatives, currency brokers, securities brokers, securities distributors, microentrepreneur and small business credit companies, direct credit companies, peer-to-peer lending companies, and consortium administrators authorized to operate by the Central Bank of Brazil in extrajudicial liquidation regime.

Art. 20. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 of this Resolution are exempted for the date-base of June 2022.

Art. 20-A. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 are exempted for payment institutions authorized to operate by the Central Bank of Brazil, for date-bases relating to periods ending up to December 31, 2024.(Included, effective 1/5/2023, by Resolution BCB No. 311, of 4/12/2023.)

Art. 21. The following are revoked:

I - Circular No. 2.397, of December 29, 1993;

II - Circular No. 3.212, of December 4, 2003;

III - Circular No. 3.560, of October 17, 2011;

IV - Circular No. 3.585, of March 15, 2012;

V - Circular No. 3.764, of August 26, 2015;

VI - Circular No. 3.860, of November 28, 2017;

VII - the following provisions of Circular No. 2.381, of November 18, 1993:

a) art. 7;

b) art. 11;

c) art. 23;

d) arts. 25 and 26; and

e) items I to IV of art. 19;

VIII - art. 14 of Circular No. 3.433, of February 3, 2009; and

IX - the following provisions of Circular No. 3.833, of May 17, 2017:

a) arts. 3 and 4; and

b) arts. 7 to 11.

Art. 22. This Resolution enters into force on January 1, 2022.

Otávio Ribeiro Damaso
Director of Regulation

What changed in the obligations

Against Circular No. 3212 — Sets Deadline for Submission of Financial Statements (2003-12-04)

64 new obligations · 2 deadlines changed · 3 not carried over

Changed (2)

Deadline
Before
Article 1. To alter, effective from the data base of December 2003, inclusive, the deadline for submission to the Central Bank of Brazil of the following documents, in the manner provided for in the Accounting Plan of the Institutions of the National Financial System - Cosif, which shall now be unt… IV - Consolidated Statement of Changes in Availability of Groups, document 7 of Cosif, Cadoc 4350.
Now
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: II - Statement of Changes in Group Availability, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31.
Deadline
Before
The deadline of up to the 18th day of the subsequent month for the submission of the aforementioned documents relating to the other data bases is maintained.
Now
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: d) until the last business day of the month following the respective date-base, for the remaining documents.

New in this text (64)

Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: I - Analytical Balance Sheet, with monthly frequency; and
Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: II - Analytical Balance Sheet, with semi-annual frequency, for the base dates of June 30 and December 31.
Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: § 1. The payment institution authorized to operate by the Central Bank of Brazil that has holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Cent…
Art. 2-A. Securities brokerage firms, securities distribution firms, foreign exchange brokerage firms, and virtual asset service providers must prepare and submit to the Central Bank of Brazil the following accounting documents: (Wording given by BCB Resolution No. 553, of 3/3/2026.)
I - individual: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
a) Analytical Balance Sheet, with monthly frequency; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
b) Analytical Balance Sheet, with semi-annual frequency, for the base dates of June 30 and December 31; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
a) Analytical Balance Sheet - Prudential Conglomerate, with monthly frequency; (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
b) Balance Sheet - Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
c) Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 1. In addition to the documents provided for in the caput: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
I - the institution that has branches in the country must prepare, monthly, the Analytical Balance Sheet by branch; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
II - the institution that has branches abroad or holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Central Bank of Brazil, monthly, the Analytical Balance Sheet of these entities.
§ 2. The report referred to in item "c" of item II of the caput must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for the institutions mentioned in the caput.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: I - Statement of Consortium Resources, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31; and
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: § 1. The consolidated statements referred to in the caput must be prepared based on the statements of each consortium group.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: § 2. Consortium administrators must submit to the Central Bank of Brazil the documents provided for in the caput by consortium group.
Art. 4. Payment institutions authorized to operate by the Central Bank of Brazil that are leaders of the prudential conglomerate, in addition to the accounting documents referred to in art. 2, must prepare and submit to the Central Bank of Brazil the following consolidated documents: [(Wording given, from 1/1/2022, by BCB Resolution No. 168, of 12/1/2021.)](https://www.bcb.gov.br/estabilidadefina…
I - Analytical Balance Sheet – Prudential Conglomerate, with monthly frequency;
II - Balance Sheet – Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31; and
III - Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 1. The report referred to in item III must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for payment institutions authorized to operate by the Central Bank of Brazil.
– Sub-Prudential Conglomerate, with monthly frequency; and (Included, from 1/7/2026, by BCB Resolution No. 483, of 6/11/2025.)
- Balance Sheet – Sub-Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31.
Art. 6. The accounting documents submitted to the Central Bank of Brazil by the institutions mentioned in item I of the caput of art. 1 must be signed by the director responsible for the institution's accounting and by a legally qualified accountant.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Reso…
Art. 7. The board of directors of the institution mentioned in item I of the caput of art. 1 is responsible for forwarding to the Central Bank of Brazil the accounting documents referred to in this Resolution within the time limits provided for in art. 15.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tip…
Art. 9. In the event of substitution of the accounting documents referred to in this Resolution, the institutions mentioned in item I of the caput of art. 1 must:(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
I - observe the operational procedures provided for in specific regulation; and
II - keep available to the Central Bank of Brazil, for a minimum period of five years, a report signed by the directors responsible for the accounting and audit areas, containing the justifications for the substitution of the documents.
The report referred to in item II must contain the knowledge of the independent auditor, if the substituted document was subject to audit.
Art. 11. Consortium administrators must keep available to the Central Bank of Brazil, for at least five years, the consolidated accounting documents provided for in art. 3.
Art. 12. Payment institutions authorized to operate by the Central Bank of Brazil must keep available to the Central Bank of Brazil, for a minimum of five years, the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities conso…
Art. 12-A. Securities brokers, securities distributors, currency brokers, and virtual asset service providers must keep available to the Central Bank of Brazil, for a minimum of five years: (Revised by Resolution BCB No. 553, of 3/3/2026.)
I - the accounting documents provided for in art. 2-A, § 1, item I; and (Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)
II - the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities consolidated in the prudential conglomerate, regardless of their nature or operational activity.
Art. 13. Payment institutions authorized to operate by the Central Bank of Brazil that were already in operation on the date of authorization must prepare and send to the Central Bank of Brazil, in addition to the documents mentioned in Chapter I of this Title, an opening balance sheet relative to the date-base following the date of authorization to operate granted by this Authority, in accordanc…
In the preparation of the documents referred to in the caput, the effects of adjustments resulting from the initial application of the procedures and rules defined in the regulation issued by the Central Bank of Brazil must be recorded as a counterpart to the account of accumulated profits or losses, in shareholders' equity, at the net value of the tax effects.
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: I - the reconciliation of relevant equity accounts, upon the preparation of balance sheets and balance sheets; and
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: II - the inventory of equity and clearing accounts, upon the preparation of balance sheets.
The institutions mentioned in the caput must keep available to the Central Bank of Brazil, for a minimum period of five years, the documentation related to the reconciliations and inventory referred to in the caput.
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: I - the models, form, and conditions established by the Central Bank of Brazil; and
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: a) until the 18th day of the month following the respective date-base, in the case of Analytical Balance Sheets referred to in item I of art. 2 of this Resolution and item “a” of item I of …
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: b) until sixty days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of June 30;
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: c) until ninety days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of December 31; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: a) Statement of Financial Position;
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: b) Statement of Comprehensive Income; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: c) Statement of Changes in Equity; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: a) acquisitions, sales, and corporate restructurings occurring during the fiscal year, including those carried out between institutions belonging to the prudential conglomerate, with t…
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: b) breakdown of results into recurring and non-recurring items;
e) composition of provisions and contingencies, according to the probability of losses and the nature of the demands, including deposits in constituted guarantees;
g) employee benefit plans, including information on actuarial assumptions, actuarial valuation, demonstration of surplus or deficit, and accounting recognition in results and comprehensive income;
h) demonstration of the calculation base and taxation of the period, with the composition and evolution of balances of deferred tax assets, deferred tax liabilities, and other tax credits, including the expectation of realization of assets;
j) changes in accounting policies, changes in estimates, and correction of errors, in accordance with current regulation;
k) transactions and balances with related parties that may significantly affect the financial position and results, including any transactions carried out under conditions not typical of the market;
m) other relevant events occurring during the period that affected or may affect the equity position and results of the prudential conglomerate.
§ 1º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are leaders of prudential conglomerates classified in Segment 4 (S4) and Segment 5 (S5), as established in current regulation, are exempt from preparing and submitting the report referred to in the caput.
§ 3º Preparation and submission of the information referred to in items “e”, “g”, “h”, “j”, and “k” of item II of the caput are exempted for reports prepared up to the date-base of June 2027.
§ 4º The information referred to in the caput must be sent according to the format and other conditions established by the Central Bank of Brazil.
§ 5º The report referred to in the caput must be prepared on a consolidated basis for institutions belonging to the same prudential conglomerate, as established in current regulation.
Art. 17. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil are permitted to send the accounting documents provided for in this Resolution and in CMN Resolution No. 4.911, of 2021, without the signature of the director responsible for the institution's accounting and by a legally qualified accountant, provided that the documents signed according to c…

The first 60 of 64 are shown.

Not carried over (3)

Article 1. To alter, effective from the data base of December 2003, inclusive, the deadline for submission to the Central Bank of Brazil of the following documents, in the manner provided for in the Accounting Plan of the Institutions of the National Financial System - Cosif, which shall now be unt… I - Monthly Banking Statistics, document 13 of Cosif, Cadoc 4500;
Article 1. To alter, effective from the data base of December 2003, inclusive, the deadline for submission to the Central Bank of Brazil of the following documents, in the manner provided for in the Accounting Plan of the Institutions of the National Financial System - Cosif, which shall now be unt… II - Global Banking Statistics, document 13 of Cosif, Cadoc 4510;
Article 1. To alter, effective from the data base of December 2003, inclusive, the deadline for submission to the Central Bank of Brazil of the following documents, in the manner provided for in the Accounting Plan of the Institutions of the National Financial System - Cosif, which shall now be unt… III - Consolidated Statement of Consortium Resources, document 6 of Cosif, Cadoc 4110;

Against Circular No. 2397 — Establishes procedures for the preparation and submission of financial statements for institutions with foreign branches or equity participations (1993-12-29)

53 new obligations · 1 deadline changed · 20 not carried over

12 obligations are the same in both texts.

Changed (1)

Deadline
Before
Art. 3. Institutions authorized to operate by this body, which hold equity participations abroad, must prepare, starting from 01/01/94, for each subsidiary and controlled company, directly or indirectly: I - quarterly, the Analytical Balance Sheet, document No. 18, of COSIF;
Now
Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: § 1. The payment institution authorized to operate by the Central Bank of Brazil that has holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Cent…

New in this text (53)

Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: I - Analytical Balance Sheet, with monthly frequency; and
Art. 2-A. Securities brokerage firms, securities distribution firms, foreign exchange brokerage firms, and virtual asset service providers must prepare and submit to the Central Bank of Brazil the following accounting documents: (Wording given by BCB Resolution No. 553, of 3/3/2026.)
I - individual: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
a) Analytical Balance Sheet, with monthly frequency; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
c) Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 2. The report referred to in item "c" of item II of the caput must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for the institutions mentioned in the caput.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: I - Statement of Consortium Resources, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31; and
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: II - Statement of Changes in Group Availability, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: § 1. The consolidated statements referred to in the caput must be prepared based on the statements of each consortium group.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: § 2. Consortium administrators must submit to the Central Bank of Brazil the documents provided for in the caput by consortium group.
Art. 4. Payment institutions authorized to operate by the Central Bank of Brazil that are leaders of the prudential conglomerate, in addition to the accounting documents referred to in art. 2, must prepare and submit to the Central Bank of Brazil the following consolidated documents: [(Wording given, from 1/1/2022, by BCB Resolution No. 168, of 12/1/2021.)](https://www.bcb.gov.br/estabilidadefina…
III - Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 1. The report referred to in item III must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for payment institutions authorized to operate by the Central Bank of Brazil.
Art. 6. The accounting documents submitted to the Central Bank of Brazil by the institutions mentioned in item I of the caput of art. 1 must be signed by the director responsible for the institution's accounting and by a legally qualified accountant.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Reso…
Art. 7. The board of directors of the institution mentioned in item I of the caput of art. 1 is responsible for forwarding to the Central Bank of Brazil the accounting documents referred to in this Resolution within the time limits provided for in art. 15.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tip…
Art. 9. In the event of substitution of the accounting documents referred to in this Resolution, the institutions mentioned in item I of the caput of art. 1 must:(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
I - observe the operational procedures provided for in specific regulation; and
II - keep available to the Central Bank of Brazil, for a minimum period of five years, a report signed by the directors responsible for the accounting and audit areas, containing the justifications for the substitution of the documents.
The report referred to in item II must contain the knowledge of the independent auditor, if the substituted document was subject to audit.
Art. 11. Consortium administrators must keep available to the Central Bank of Brazil, for at least five years, the consolidated accounting documents provided for in art. 3.
Art. 12. Payment institutions authorized to operate by the Central Bank of Brazil must keep available to the Central Bank of Brazil, for a minimum of five years, the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities conso…
Art. 12-A. Securities brokers, securities distributors, currency brokers, and virtual asset service providers must keep available to the Central Bank of Brazil, for a minimum of five years: (Revised by Resolution BCB No. 553, of 3/3/2026.)
I - the accounting documents provided for in art. 2-A, § 1, item I; and (Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)
II - the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities consolidated in the prudential conglomerate, regardless of their nature or operational activity.
Art. 13. Payment institutions authorized to operate by the Central Bank of Brazil that were already in operation on the date of authorization must prepare and send to the Central Bank of Brazil, in addition to the documents mentioned in Chapter I of this Title, an opening balance sheet relative to the date-base following the date of authorization to operate granted by this Authority, in accordanc…
In the preparation of the documents referred to in the caput, the effects of adjustments resulting from the initial application of the procedures and rules defined in the regulation issued by the Central Bank of Brazil must be recorded as a counterpart to the account of accumulated profits or losses, in shareholders' equity, at the net value of the tax effects.
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: I - the reconciliation of relevant equity accounts, upon the preparation of balance sheets and balance sheets; and
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: II - the inventory of equity and clearing accounts, upon the preparation of balance sheets.
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: I - the models, form, and conditions established by the Central Bank of Brazil; and
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: a) until the 18th day of the month following the respective date-base, in the case of Analytical Balance Sheets referred to in item I of art. 2 of this Resolution and item “a” of item I of …
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: b) until sixty days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of June 30;
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: c) until ninety days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of December 31; and
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: d) until the last business day of the month following the respective date-base, for the remaining documents.
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: a) Statement of Financial Position;
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: b) Statement of Comprehensive Income; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: c) Statement of Changes in Equity; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: a) acquisitions, sales, and corporate restructurings occurring during the fiscal year, including those carried out between institutions belonging to the prudential conglomerate, with t…
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: b) breakdown of results into recurring and non-recurring items;
e) composition of provisions and contingencies, according to the probability of losses and the nature of the demands, including deposits in constituted guarantees;
g) employee benefit plans, including information on actuarial assumptions, actuarial valuation, demonstration of surplus or deficit, and accounting recognition in results and comprehensive income;
h) demonstration of the calculation base and taxation of the period, with the composition and evolution of balances of deferred tax assets, deferred tax liabilities, and other tax credits, including the expectation of realization of assets;
j) changes in accounting policies, changes in estimates, and correction of errors, in accordance with current regulation;
k) transactions and balances with related parties that may significantly affect the financial position and results, including any transactions carried out under conditions not typical of the market;
m) other relevant events occurring during the period that affected or may affect the equity position and results of the prudential conglomerate.
§ 1º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are leaders of prudential conglomerates classified in Segment 4 (S4) and Segment 5 (S5), as established in current regulation, are exempt from preparing and submitting the report referred to in the caput.
§ 3º Preparation and submission of the information referred to in items “e”, “g”, “h”, “j”, and “k” of item II of the caput are exempted for reports prepared up to the date-base of June 2027.
§ 4º The information referred to in the caput must be sent according to the format and other conditions established by the Central Bank of Brazil.
§ 5º The report referred to in the caput must be prepared on a consolidated basis for institutions belonging to the same prudential conglomerate, as established in current regulation.
Art. 17. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil are permitted to send the accounting documents provided for in this Resolution and in CMN Resolution No. 4.911, of 2021, without the signature of the director responsible for the institution's accounting and by a legally qualified accountant, provided that the documents signed according to c…
Art. 18. Credit cooperatives are exempt from preparing and submitting the consolidated accounting documents referred to in CMN Resolution No. 4.911, of 2021.
Art. 19. Preparation and submission with quarterly periodicity for the date-bases of March, June, September, and December are permitted for the documents referred to: I - § 1 of art. 2 of this Resolution and § 1 of art. 2 of CMN Resolution No. 4.911, of 2021, until December 2022; and
Art. 20. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 of this Resolution are exempted for the date-base of June 2022.
Art. 20-A. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 are exempted for payment institutions authorized to operate by the Central Bank of Brazil, for date-bases relating to periods ending up to December 31, 2024.[(Included, effective 1/5/2023, by Resolution BCB No. 311, of 4/12/2023.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Re…

Not carried over (20)

II - on June 30 and December 31, in addition to the documents provided for in the previous item: d) Consolidated Statement of the Result of the Semester, document No. 20, of COSIF.
Paragraph 1. The statements provided for in this article must be filled out in US$1,000.00 (one thousand US dollars).
Paragraph 2. Operations carried out between the branch and the headquarters, or other branches, must be recorded in the Inter-branch Relations subgroup, of COSIF.
Paragraph 3. Accounting events related to representation offices must be incorporated into the accounting of the headquarters or the branch to which they relate.
Art. 2. The institutions referred to in the previous article must send to this Body, starting from 01/01/94, for each branch and for the consolidated branches, the documents listed in items I and II, letters "a" and "b", of that article.
Art. 3. Institutions authorized to operate by this body, which hold equity participations abroad, must prepare, starting from 01/01/94, for each subsidiary and controlled company, directly or indirectly: II - on June 30 and December 31, in addition to the document provided for in the previous item: b) Statement of the Result of the Semester, document No. 20, of COSIF.
Such statements must be filled out in US$1,000.00 (one thousand US dollars).
Art. 4. The institutions referred to in the previous article must send to this body, starting from 01/01/94, for each subsidiary and controlled company, the documents listed in items I and II, letter "a", of that article.
II - on June 30, in addition to the document provided for in the previous item: a) Consolidated Analytical Balance Sheet, document No. 4, of COSIF;
II - on June 30, in addition to the document provided for in the previous item: b) Consolidated Statement of the Result of the Semester, document No. 8, of COSIF;
II - on June 30, in addition to the document provided for in the previous item: c) Consolidated Statement of Changes in Equity of the Semester, document No. 11, of COSIF;
II - on June 30, in addition to the document provided for in the previous item: d) Consolidated Statement of Sources and Applications of Resources of the Semester, document No. 12, of COSIF;
III - on December 31, in addition to the documents provided for in the previous items I and II: c) Consolidated Statement of Sources and Applications of Resources of the Fiscal Year, document No. 12, of COSIF.
Art. 7. The institutions referred to in the "caput" of Art. 5 of this Circular must determine their operational limits based on the documents listed in items I and II, letter "a", of that article.
Art. 8. The consolidated operational statements referred to in COSIF 1.21 must be prepared including branches and equity participations in subsidiaries and controlled companies, in the country and abroad.
Institutions that opt for the faculty of determining debt and risk diversification limits based on consolidated statements, in accordance with Resolution No. 1,990, of 06/30/93, must use the consolidated analytical balance sheet/balance sheet prepared as provided for in the "caput" of this article.
Art. 9. In the conversion of foreign currency to the national currency of the balance sheet/balance sheet of branches and equity participations in subsidiaries and controlled companies, abroad, for consolidation purposes, the following must be observed: I - the conversion of the original currency of the country where the branch or investment is located to the US dollar must be carried out adoptin…
Art. 9. In the conversion of foreign currency to the national currency of the balance sheet/balance sheet of branches and equity participations in subsidiaries and controlled companies, abroad, for consolidation purposes, the following must be observed: II - the conversion of the US dollar to the national currency must be carried out using the current selling exchange rate on the date of the bala…
Art. 10. In the conversion of the income statement, the following must be observed: I - revenues and expenses must be converted by the rates in effect in the respective periods of their formation, using the rate of the day or the average rate of the month;
Art. 11. For the purpose of sending the accounting information referred to in this Circular, the following codes of the Document Catalog - CADOC must be adopted:

Against Circular No. 2381 — Establishes the obligation for consortium administrators to prepare, publish, and submit financial statements to the Central Bank, clarifies accounting valuation and appropriation criteria, and consolidates accounting standards (1993-11-18)

52 new obligations · 3 deadlines changed · 55 not carried over

8 obligations are the same in both texts.

Changed (3)

Deadline
Before
II - on December 31: c) Statement of Consortium Resources, consolidated, base date of 12.31 (Document No. 3 of COSIF);
Now
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: I - Statement of Consortium Resources, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31; and
Deadline
Before
d) Statement of Variations in Group Availability, consolidated (Document No. 7 of COSIF - CADOC 4350).
Now
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: II - Statement of Changes in Group Availability, with quarterly frequency, for the base dates of March 31, June 30, September 30, and December 31.
Deadline
Before
Paragraph 1. The deadline dates for the delivery of financial statements at the Document Reception Center of the Regional Delegacies are as follows: I - documents of monthly submission: day 20 of the month following the respective base date;
Now
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: d) until the last business day of the month following the respective date-base, for the remaining documents.

New in this text (52)

Art. 2. Consortium administrators and payment institutions authorized to operate by the Central Bank of Brazil must prepare and submit to the Central Bank of Brazil the following accounting documents: § 1. The payment institution authorized to operate by the Central Bank of Brazil that has holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Cent…
Art. 2-A. Securities brokerage firms, securities distribution firms, foreign exchange brokerage firms, and virtual asset service providers must prepare and submit to the Central Bank of Brazil the following accounting documents: (Wording given by BCB Resolution No. 553, of 3/3/2026.)
I - individual: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
a) Analytical Balance Sheet - Prudential Conglomerate, with monthly frequency; (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
c) Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 1. In addition to the documents provided for in the caput: (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
I - the institution that has branches in the country must prepare, monthly, the Analytical Balance Sheet by branch; and (Included, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
II - the institution that has branches abroad or holdings in entities abroad that are part of the prudential conglomerate must prepare and submit to the Central Bank of Brazil, monthly, the Analytical Balance Sheet of these entities.
Art. 3. Consortium administrators, in addition to the documents provided for in art. 2, must prepare the following documents, by consortium group and consolidated: § 2. Consortium administrators must submit to the Central Bank of Brazil the documents provided for in the caput by consortium group.
Art. 4. Payment institutions authorized to operate by the Central Bank of Brazil that are leaders of the prudential conglomerate, in addition to the accounting documents referred to in art. 2, must prepare and submit to the Central Bank of Brazil the following consolidated documents: [(Wording given, from 1/1/2022, by BCB Resolution No. 168, of 12/1/2021.)](https://www.bcb.gov.br/estabilidadefina…
I - Analytical Balance Sheet – Prudential Conglomerate, with monthly frequency;
III - Prudential Conglomerate Report, with semi-annual frequency, for the base dates of June 30 and December 31.
§ 1. The report referred to in item III must be subject to reasonable assurance by an independent auditor who meets the requirements provided for in the specific regulation for the provision of independent audit services for payment institutions authorized to operate by the Central Bank of Brazil.
– Sub-Prudential Conglomerate, with monthly frequency; and (Included, from 1/7/2026, by BCB Resolution No. 483, of 6/11/2025.)
- Balance Sheet – Sub-Prudential Conglomerate, with semi-annual frequency, for the base dates of June 30 and December 31.
Art. 6. The accounting documents submitted to the Central Bank of Brazil by the institutions mentioned in item I of the caput of art. 1 must be signed by the director responsible for the institution's accounting and by a legally qualified accountant.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Reso…
Art. 7. The board of directors of the institution mentioned in item I of the caput of art. 1 is responsible for forwarding to the Central Bank of Brazil the accounting documents referred to in this Resolution within the time limits provided for in art. 15.[(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tip…
Art. 9. In the event of substitution of the accounting documents referred to in this Resolution, the institutions mentioned in item I of the caput of art. 1 must:(Wording given, from 1/3/2024, by BCB Resolution No. 367, of 1/25/2024.)
I - observe the operational procedures provided for in specific regulation; and
II - keep available to the Central Bank of Brazil, for a minimum period of five years, a report signed by the directors responsible for the accounting and audit areas, containing the justifications for the substitution of the documents.
The report referred to in item II must contain the knowledge of the independent auditor, if the substituted document was subject to audit.
Art. 11. Consortium administrators must keep available to the Central Bank of Brazil, for at least five years, the consolidated accounting documents provided for in art. 3.
Art. 12. Payment institutions authorized to operate by the Central Bank of Brazil must keep available to the Central Bank of Brazil, for a minimum of five years, the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities conso…
Art. 12-A. Securities brokers, securities distributors, currency brokers, and virtual asset service providers must keep available to the Central Bank of Brazil, for a minimum of five years: (Revised by Resolution BCB No. 553, of 3/3/2026.)
I - the accounting documents provided for in art. 2-A, § 1, item I; and (Included, effective 1/3/2024, by Resolution BCB No. 367, of 1/25/2024.)
II - the information, data, consolidation maps with respective eliminations, documents, inquiries, verifications, and questions necessary for the adequate assessment of active and passive operations and the risks assumed by the entities consolidated in the prudential conglomerate, regardless of their nature or operational activity.
Art. 13. Payment institutions authorized to operate by the Central Bank of Brazil that were already in operation on the date of authorization must prepare and send to the Central Bank of Brazil, in addition to the documents mentioned in Chapter I of this Title, an opening balance sheet relative to the date-base following the date of authorization to operate granted by this Authority, in accordanc…
In the preparation of the documents referred to in the caput, the effects of adjustments resulting from the initial application of the procedures and rules defined in the regulation issued by the Central Bank of Brazil must be recorded as a counterpart to the account of accumulated profits or losses, in shareholders' equity, at the net value of the tax effects.
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: I - the reconciliation of relevant equity accounts, upon the preparation of balance sheets and balance sheets; and
Art. 14. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in the preparation of accounting documents, must carry out: II - the inventory of equity and clearing accounts, upon the preparation of balance sheets.
The institutions mentioned in the caput must keep available to the Central Bank of Brazil, for a minimum period of five years, the documentation related to the reconciliations and inventory referred to in the caput.
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: I - the models, form, and conditions established by the Central Bank of Brazil; and
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: b) until sixty days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of June 30;
Art. 15. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must send accounting documents to the Central Bank of Brazil, observing: II - the following deadlines: c) until ninety days from the date-base, in the case of the Prudential Conglomerate Report relative to the date-base of December 31; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: a) Statement of Financial Position;
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: b) Statement of Comprehensive Income; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: I - the following statements: c) Statement of Changes in Equity; and
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: a) acquisitions, sales, and corporate restructurings occurring during the fiscal year, including those carried out between institutions belonging to the prudential conglomerate, with t…
Art. 16. The Prudential Conglomerate Report referred to in art. 4, item III, of this Resolution, and art. 2, item II, item “c”, of CMN Resolution No. 4.911, of 2021, must contain: II - the following information on: b) breakdown of results into recurring and non-recurring items;
e) composition of provisions and contingencies, according to the probability of losses and the nature of the demands, including deposits in constituted guarantees;
g) employee benefit plans, including information on actuarial assumptions, actuarial valuation, demonstration of surplus or deficit, and accounting recognition in results and comprehensive income;
h) demonstration of the calculation base and taxation of the period, with the composition and evolution of balances of deferred tax assets, deferred tax liabilities, and other tax credits, including the expectation of realization of assets;
j) changes in accounting policies, changes in estimates, and correction of errors, in accordance with current regulation;
k) transactions and balances with related parties that may significantly affect the financial position and results, including any transactions carried out under conditions not typical of the market;
§ 1º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are leaders of prudential conglomerates classified in Segment 4 (S4) and Segment 5 (S5), as established in current regulation, are exempt from preparing and submitting the report referred to in the caput.
§ 3º Preparation and submission of the information referred to in items “e”, “g”, “h”, “j”, and “k” of item II of the caput are exempted for reports prepared up to the date-base of June 2027.
§ 5º The report referred to in the caput must be prepared on a consolidated basis for institutions belonging to the same prudential conglomerate, as established in current regulation.
Art. 17. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil are permitted to send the accounting documents provided for in this Resolution and in CMN Resolution No. 4.911, of 2021, without the signature of the director responsible for the institution's accounting and by a legally qualified accountant, provided that the documents signed according to c…
Art. 18. Credit cooperatives are exempt from preparing and submitting the consolidated accounting documents referred to in CMN Resolution No. 4.911, of 2021.
Art. 19. Preparation and submission with quarterly periodicity for the date-bases of March, June, September, and December are permitted for the documents referred to: I - § 1 of art. 2 of this Resolution and § 1 of art. 2 of CMN Resolution No. 4.911, of 2021, until December 2022; and
Art. 20. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 of this Resolution are exempted for the date-base of June 2022.
Art. 20-A. Preparation and submission of the Prudential Conglomerate Report referred to in art. 16 are exempted for payment institutions authorized to operate by the Central Bank of Brazil, for date-bases relating to periods ending up to December 31, 2024.[(Included, effective 1/5/2023, by Resolution BCB No. 311, of 4/12/2023.)](https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Re…

Not carried over (55)

In preparing document No. 7 of COSIF, STATEMENT OF VARIATIONS IN GROUP AVAILABILITY, code CADOC 4350, it must be observed that entries related to reversals and transfers occurring in the group's accounting, which do not imply an inflow or outflow of financial resources, cannot be considered.
Art. 3. Maintain in account 9.0.9.45.00-3 COLLECTED CONSORTIUM RESOURCES of COSIF, the subtitles 9.0.9.45.10-6 Normal and 9.0.9.45.20-9 Excesses to record, respectively, the balances of collected values not fully used and the excesses of utilization of collected resources.
Art. 4. The accumulated totals of the debtor and creditor balances of consortium groups, determined in the consolidation of the Statement of Consortium Resources, code CADOC 4110, in titles 6.3.1.00.00-2 COLLECTED RESOURCES, 6.3.2.00.00-5 RESOURCES USED, and 3.0.7.75.00-6 MONTHLY FORECAST OF RESOURCES TO BE RECEIVED FROM CONSORTIUM MEMBERS, must appear in the administrator's monthly trial balance…
Regarding each consortium group, the difference existing between items 6.3.1.00.00-2 COLLECTED RESOURCES and 6.3.2.00.00-5 RESOURCES USED for the use of groups must be recorded in the administrator's accounting; in the case of a creditor balance, in subtitle 3.0.9.45.20-7 To Be Used, or, in the event of a debtor balance, in subtitle 9.0.9.45.20-9 Excesses.
Art. 5. The administrator must transfer to the group's accounting, as soon as it has been definitively constituted, the balances presented in the account RESOURCES OF GROUPS IN FORMATION and in the accounts that record the respective availability, including the earnings derived from the application of those resources.
Art. 6. The appropriation of the admission fee by the administrator, as effective revenue, must occur on the date of the assembly constituting the respective group.
Art. 7. The consortium administrator is obliged to prepare the following accounting documents, in the form of COSIF: I - Trial Balance and General Analytical Balance Sheet (document No. 1 of COSIF), codes CADOC 4010 and 4016;
Art. 7. The consortium administrator is obliged to prepare the following accounting documents, in the form of COSIF: II - Statement of Consortium Resources, by group and consolidated (document No. 6 of COSIF), code CADOC 4110;
Art. 7. The consortium administrator is obliged to prepare the following accounting documents, in the form of COSIF: III - Statement of Variations in Group Availability, by group and consolidated (document No. 7 of COSIF), code CADOC 4350.
Paragraph 1. The consortium administrator must use the accounts contained in the List of Accounts - 1 of that Accounting Plan with attribute "H" for the preparation of its trial balances and balance sheets, as well as the Statement of Consortium Resources, of each group.
Paragraph 2. Document No. 6 of COSIF Statement of Consortium Resources is maintained, whose accounting titles and subtitles integrate the aforementioned List of Accounts - 1 of the Accounting Plan, with attribute "H".
Paragraph 5. Consortium administrators are exempt from preparing consolidated financial statements, and the same must not be included in the operational consolidation referred to in COSIF 1.21.
Paragraph 6. In the preparation of the Statement of Consortium Resources, code CADOC 4110, only the accounts contained in document No. 6 of COSIF must be used for the registration of consortium group operations, whose accounting titles cannot integrate the trial balance/balance sheet, codes CADOC 4010 and 4016, of the administrator.
Art. 8. For the purpose of preparing the Documents Trial Balance and General Analytical Balance Sheet, the consortium administrator must observe the accounting classification criteria provided for in COSIF, as well as adopt the monthly accrual basis in the appropriation of revenues, including late fees, of revenues, gains, profits, expenses, losses, and deficits, monetary correction of assets, re…
Paragraph 1. The consortium administrator, constituted in any legal form, must incorporate into the share capital the monetary correction of the paid-in capital, observing the current legislation on the matter.
Paragraph 2. The administration fee of the consortium groups must be recorded in the administrator upon its effective receipt, when it will be appropriated as revenue.
Art. 9. The consortium administrator must perform daily control of the movement of the accounts comprising the availability of consortium groups, including bank deposits, with a view to reconciling global receipts for the analytical identification of the bank balance by consortium group.
The maintenance of a bank deposit account individualized by group is permitted.
Art. 10. The consortium administrator must submit to the Central Bank, on magnetic media, observing the provisions contained in item 3-a, of Chapter General Information - 1, of the Title: SUBMISSION OF DOCUMENTS AND DATA of the Catalog of Documents - CADOC, the following documents: I - monthly: c) Statement of Variations in Group Availability, consolidated (Document No. 7 of COSIF - CADOC 4350);
Art. 10. The consortium administrator must submit to the Central Bank, on magnetic media, observing the provisions contained in item 3-a, of Chapter General Information - 1, of the Title: SUBMISSION OF DOCUMENTS AND DATA of the Catalog of Documents - CADOC, the following documents: II - on June 30: a) General Analytical Trial Balance (Document No. 1 of COSIF - CADOC 4010);
Art. 10. The consortium administrator must submit to the Central Bank, on magnetic media, observing the provisions contained in item 3-a, of Chapter General Information - 1, of the Title: SUBMISSION OF DOCUMENTS AND DATA of the Catalog of Documents - CADOC, the following documents: II - on June 30: d) Statement of Variations in Group Availability, consolidated (Document No. 7 of COSIF - CADOC 435…
a) General Analytical Trial Balance (Document No. 1 of COSIF - CADOC 4010);
Paragraph 1. In order to contribute to accelerating the systematic application referred to in this article, consortium administrators may obtain, at no cost, from the Regional Branch of the Central Bank having jurisdiction over the headquarters of the administrator, a product of code PCOSW10, upon delivery, by the interested party, of 2 (two) 5 1/4" double-sided, double-density flexible disks, on…
Paragraph 2. Regarding the aforementioned product (PCOSW10), it must be observed that: I - its sale or transfer for consideration is prohibited, but its duplication or transfer, without consideration, to third parties is permitted;
Paragraph 2. Regarding the aforementioned product (PCOSW10), it must be observed that: II - it is intended for use in microcomputers of the IBM PC-XT or AT type, with at least one 5 1/4" flexible disk drive and one hard disk drive with 10 "megabytes" of capacity, having been tested with the MS-DOS 3.1, SIM-DOS V2.1 R02, and SISNE-PLUS 3.30.R00 operating systems;
Paragraph 2. Regarding the aforementioned product (PCOSW10), it must be observed that: IV - its use is limited to the processing of accounting documents in which the filled value fields have, at most, 15 (fifteen) significant digits, that is, contain values lower than CR$10,000,000,000,000.00 (ten trillion reais cruzeiros).
Art. 12. Non-observance of the deadlines fixed in Art. 10 of this Circular will subject the non-compliant administrator, based on Art. 16 of Law No. 5.768, of 20.12.71, to a monetary fine incident on the delay in the delivery of each document, applicable from the day following the expiration of the… II - period of application: up to 40 (forty) days of delay;
I - on June 30: b) Statement of Result of the first semester;
Paragraph 1. The financial statements, including the Statement of Consortium Resources and the Statement of Variations in Group Availability, relating to the base dates of 06.30 and 12.31, except those relating to the 1st semester and the fiscal year of 1993, both accompanied by the explanatory notes and the opinion of the independent auditor, must be published comparatively with the positions of…
Paragraph 2. The explanatory notes must contain relevant and supplementary information to that contained in the financial statements accompanying them, relating to the administrator and the consortium groups in progress, indicating, in addition to the criteria for appropriation of revenues and expe… I - quantity of groups administered;
Paragraph 2. The explanatory notes must contain relevant and supplementary information to that contained in the financial statements accompanying them, relating to the administrator and the consortium groups in progress, indicating, in addition to the criteria for appropriation of revenues and expe… II - goods delivered, in the period and totals;
Paragraph 2. The explanatory notes must contain relevant and supplementary information to that contained in the financial statements accompanying them, relating to the administrator and the consortium groups in progress, indicating, in addition to the criteria for appropriation of revenues and expe… III - default rate;
Paragraph 2. The explanatory notes must contain relevant and supplementary information to that contained in the financial statements accompanying them, relating to the administrator and the consortium groups in progress, indicating, in addition to the criteria for appropriation of revenues and expe… IV - quantity of active consortium members, as well as withdrawers and excluded members, in the pe…
Paragraph 2. The explanatory notes must contain relevant and supplementary information to that contained in the financial statements accompanying them, relating to the administrator and the consortium groups in progress, indicating, in addition to the criteria for appropriation of revenues and expe… V - quantity of goods pending delivery, on the base date;
Paragraph 3. The disclosure of the financial statements must be made in a newspaper of large circulation, edited in the city of the administrator's headquarters, or, alternatively, in specialized magazines or in information and dissemination bulletins of the class entities.
Paragraph 4. The administrator may not publish its financial statements before their respective and definitive submission to the Central Bank, duly approved and accepted.
Paragraph 5. The financial statements referred to must be published within 45 (forty-five) days after the respective delivery of the documents to the Central Bank.
Art. 14. The administrator must submit to all consortium members, together with the monthly contribution collection document, the following documents: I - the last Statement of Variations in Group Availability that served as the basis for the consolidated statement delivered to the Central Bank;
Art. 14. The administrator must submit to all consortium members, together with the monthly contribution collection document, the following documents: II - Individual Statement of the Consortium Member, containing, at minimum, the information specified in the attached model.
Paragraph 1. Administrators must record in the monthly collection documents the amounts due by consortium members, observing the following discrimination: IX - price of the good and value of the credit for its acquisition, on the base date of the assembly, even if by estimate.
Paragraph 2. The Individual Statement of the Consortium Member will be filled with data relating to the assembly of the immediately preceding month.
Art. 15. In the group assemblies, the administrator must make available to the consortium member and deliver, if requested: I - a copy of the last administrative balance sheet of the administrator submitted to the Central Bank, as well as the Statement of Consortium Resources of the respective group that served as the basis for the consolidated statement delivered to the Central Bank;
The financial statements provided for in the "caput" of this article must be authenticated by the signature of the administrators and the person responsible for accounting.
Art. 16. Contracts for the sale of consortium shares must provide for a clause by which the administrator commits to make available to the consortium member a copy of the financial statements provided for in this Circular, of the administrator and the group, duly authenticated by the signatures of the directors and the person responsible for accounting, accompanied by the explanatory notes and th…
Art. 18. The administrator must register, in the respective minutes of the constitution of the group, the name, address, and professional registration of the persons responsible for the contracted external audit, and, in case of change, note in the minutes of the assembly following the event the name of the new auditor.
Art. 19. Associations and non-profit civil entities authorized to administer consortium or that may be authorized must observe the following regarding their financial statements: I - are exempt from preparing the Trial Balance and General Analytical Balance Sheet (document No. 1 of COSIF, codes CADOC 4010 and 4016);
Art. 19. Associations and non-profit civil entities authorized to administer consortium or that may be authorized must observe the following regarding their financial statements: III - are exempt from publishing the financial statements of themselves and the groups (documents CADOC 4010, 4016, 4110, and 4350);
Art. 19. Associations and non-profit civil entities authorized to administer consortium or that may be authorized must observe the following regarding their financial statements: IV - are exempt from hiring independent audit for the examination of consortium group operations;
Art. 19. Associations and non-profit civil entities authorized to administer consortium or that may be authorized must observe the following regarding their financial statements: V - are obliged to submit to the Central Bank the consolidated statements of the consortium groups (CADOC 4110 and 4350), observing the deadlines provided for in regulations, subjecting themselves to fines in case of non…
Art. 19. Associations and non-profit civil entities authorized to administer consortium or that may be authorized must observe the following regarding their financial statements: VII - must make available to the consortium member at the assembly or deliver, if requested, a copy of the Statement of Variations in Group Availability of the respective group, relating to the period comprised between t…
Art. 20. Associations or non-profit entities authorized to administer consortium are exempt from meeting the minimum limits of paid-in capital and net equity established for consortium administrators.
Art. 21. The bookkeeping and statements of the consortium groups are subject, regarding mandatory books, to the same legal and regulatory norms applicable to the administrators.
Art. 22. The documents related to the bookkeeping of the administrator, the groups, and the consolidated groups, as well as the accounting statements, must be archived at the administrator's headquarters.
Art. 25. In the balance sheets for March, June, September, and December, starting from the base date of December 31, 1993, inclusive, the values classified in Current and Long-Term Assets and Liabilities must be segregated into those realizable and payable within 90 days and those payable after 90 days.
Art. 27. The consortium administrator, in the bookkeeping of its groups, must use the Chart of Accounts contained in the COSIF and Scheme no. 29 - Consortium Group Operations, of the COSIF, which will also be updated through a Circular Letter.

“Not carried over” means the sentence has no counterpart in this text; the rule can still be in force in another text.

BCB Resolution No. 146 — General Criteria for Preparation and Submission of Accounting Documents to the Central Bank of Brazil

Lineage: Amended

Timeline

What changed in the obligations

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